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Nasdaq files to launch binary options on Nasdaq 100 in prediction market push

Crypto Briefing
Nasdaq has filed with the SEC to introduce cash-settled binary options based on the Nasdaq 100 index.

Summary

Nasdaq, the global stock exchange operator, is expanding into the prediction market sector by filing with the Securities and Exchange Commission (SEC) through its subsidiary Nasdaq MRX to launch cash-settled, European-style binary options linked to the Nasdaq 100 index. This move follows a significant expansion in prediction markets, which saw trading volume reach $63.5 billion in 2025, attracting interest from traditional finance players like Intercontinental Exchange and Goldman Sachs. Unlike similar event contracts on platforms like Polymarket or Kalshi, which fall under the Commodity Futures Trading Commission (CFTC) oversight, Nasdaq's proposed binary options would be regulated by the SEC.

(Source:Crypto Briefing)